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Kohl’s Corporation Holds Annual Meeting of Shareholders

1. Kohl's shareholders elected new board members for a one-year term. 2. Executive compensation for fiscal 2024 was approved advisory basis. 3. Ernst & Young LLP was reappointed as the accounting firm for fiscal 2026. 4. Proposal for shareholder vote on executive severance payments was not approved.

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Why Bullish?

The reappointment of Ernst & Young and board elections can signify stability. Historical trends show stable leadership often leads to improved investor confidence, potentially boosting KSS share prices.

How important is it?

These developments directly impact strategic oversight, which is essential for long-term success. Stable leadership can foster investor confidence, influencing KSS’s market performance.

Why Long Term?

Board appointments and firm reappointments affect long-term strategic directions rather than immediate price fluctuations. Examples include how effective boards have historically led to sustainable company growth.

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MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- Kohl’s Corporation (NYSE: KSS) (“Kohl’s” or the “Company”) today held its 2025 Annual Meeting of Shareholders. Below are the results of shareholder voting on the four proposals presented at the meeting.

  1. Kohl’s shareholders elected Wendy Arlin, Michael J. Bender, Yael Cosset, H. Charles Floyd, Robbin Mitchell, Jonas Prising, John E. Schlifske, and Adolfo Villagomez to the Board of Directors, each for a one-year term or until their successors are duly elected and qualified.
  2. Kohl’s shareholders approved, on an advisory basis, the compensation of the Company’s Named Executive Officers for fiscal 2024.
  3. Kohl's shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending January 31, 2026.
  4. The shareholder proposal concerning a shareholder vote on executive severance payments was not approved.

Final voting results, including the number of votes cast for or against and the number of abstentions and any broker non-votes, will be reported in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission.

About Kohl’s

Kohl’s (NYSE: KSS) is a leading omnichannel retailer built on a foundation that combines great brands, incredible value and convenience for our customers. Kohl’s is uniquely positioned to deliver against its long-term strategy and its purpose to take care of families’ realest moments. Kohl's serves millions of families in its more than 1,100 stores in 49 states, online at Kohls.com, and through the Kohl's App. With a large national footprint, Kohl’s is committed to making a positive impact in the communities it serves. For a list of store locations or to shop online, visit Kohls.com. For more information about Kohl’s impact in the community or how to join our winning team, visit Corporate.Kohls.com.

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